Goldberg Coins and Collectibles

Sale 48

Lot 1261

1881 $5 Liberty. NGC graded Proof 66 Cameo. In NGC holder 1664759-013. A dazzling brilliant Gem Proof, untoned with excellent cameo contrast. On both sides, this superb specimen offers the viewer immaculate orange-peel surfaces. Only 42 proofs struck. The obverse and reverse display full two-tone contrast between the frosted motifs and mirror surface, with, again, both sides agreeably intense in that respect. A notable rarity. Indeed, a Great Rarity in this condition, as the population figures shown later on will attest.

While few Proofs of the date were sold -- in sets on February 19, 1881, with two additional pieces later in the year -- it is doubtful if more than a dozen of those are in existence today. It is not at all likely that all sets found buyers; probably they didn't. Furthermore, of the extant specimens of the Proof 1881 Liberty five, a number are impaired. The present piece is one of the most spectacular bidders will ever see offered for sale, and is among the nicest to come on the market in years. A Proof half eagle rarity that will no doubt bring forth strong bidding response. Pop 2; 2 finer in PF-67 Cameo (PCGS # 88476) .
Estimated Value $40,000 - 50,000.

Realized $43,700

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